ET:Brent firms $1 on weak dollar, gasoline seen tight
LONDON: Brent crude futures rose by $1 to $123.39 a barrel on Friday, lifted by a weaker dollar together and expectations supplies of gasoline in the United States will be tight ahead of the peak summer season.
Front-month Brent crude futures were 93 cents up at $123.32 a barrel by 0950 GMT, reversing three days of consecutive losses earlier this week.
U.S. crude futures were 66 cents stronger at $103.44. However, worries of an impending oil stocks release is expected to cap gains in coming days, analysts said.
